Deflation anniversary for India
Nov 16, 2015 07:39 am UTC| Insights & Views
Indias wholesale price index (WPI), one of the key measure of inflation in India, completed its first anniversary of deflation. Thanks to lower oil price, after years of inflation prices have been dropping past one year...
Improved RBI's policy credibility improves investor confidence
Nov 13, 2015 07:10 am UTC| Commentary Central Banks
The sell-off in the INR in near-term can be seen as opportunity to re-enter long positions in the currency versus the EUR. If the oil prices remain low, the improvement in Indias current account and fiscal balance...
Brazil's assets likely to deteriorate further
Nov 13, 2015 06:35 am UTC| Commentary
Brazilian assets are likely to deteriorate further. Brazils macroeconomic picture deteriorated substantially and its government is unable to address the fiscal situation. Political maneuver lacks in Brazil on the...
EM economies: How will capital flows react to Fed hikes?
Nov 12, 2015 22:48 pm UTC| Commentary
In principle, the history of Fed hiking cycles has shown that capital flows into EM can hold up if rising rates do not come as a large surprise (as in 1994) and coincide with a robust outlook for global, and thus EM,...
Emerging market crisis series – India – corporate vulnerability spreading to banks
Nov 11, 2015 11:49 am UTC| Insights & Views
Reserve Bank of India (RBI) governor Raghuram Rajan, who is an eminent economist, known as Paul Volcker of India (inflation slayer) and among the few who has warned on 2008/09 financial crisis upfront, has been shouting...
Emerging market crisis series – EM central banks need to curb FX volatility
Oct 06, 2015 14:34 pm UTC| Insights & Views
Reserve Bank of Indias (RBI) governor Raghuram Rajan has taken up the right approach to curb volatility on the both side, and inform the market of his approach, while declaring that any fixed value of exchange rate is not...
Emerging market crisis series – risks of elevated leverage among corporates
Sep 22, 2015 09:07 am UTC| Insights & Views
As investors ask the critical question,where might the next crisis come from?The answer is usually the same Emerging markets and China. Why is that so? Is it because commodities are down or US dollar is stronger than...
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